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What is the average fee for withdrawing cash from a bitcoin ATM?

avatarManjusha CDec 17, 2021 · 3 years ago3 answers

I would like to know the average fee charged for withdrawing cash from a bitcoin ATM. Can you provide me with some information about the fees involved in using a bitcoin ATM to withdraw cash?

What is the average fee for withdrawing cash from a bitcoin ATM?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The average fee for withdrawing cash from a bitcoin ATM can vary depending on several factors. Generally, you can expect to pay a fee ranging from 3% to 8% of the transaction amount. However, it's important to note that fees can differ between different bitcoin ATMs and also depend on the specific location. Some bitcoin ATMs may charge a flat fee instead of a percentage-based fee. It's recommended to check the fee structure of the bitcoin ATM you plan to use before making a withdrawal.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to withdrawing cash from a bitcoin ATM, the average fee can be quite reasonable. The fees typically range from 3% to 8% of the transaction amount. However, it's worth noting that fees can vary depending on the specific bitcoin ATM and its location. Some ATMs may charge a flat fee, while others may have a percentage-based fee. It's always a good idea to check the fee structure before using a bitcoin ATM to withdraw cash.
  • avatarDec 17, 2021 · 3 years ago
    The average fee for withdrawing cash from a bitcoin ATM is around 5%. However, it's important to note that fees can vary depending on the specific bitcoin ATM and its location. Some ATMs may charge a flat fee, while others may have a percentage-based fee. Additionally, fees can also be influenced by market conditions and network congestion. To get the most accurate information about fees, it's recommended to check the fee structure of the bitcoin ATM you plan to use or visit the website of the ATM operator.